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so as congress agrees to delay a showdown over the debt ceiling and faces a march 1 deadline for across the board spending cuts, what to make of this darned economy, david? >> am i supposed to answer that? it is confusing. the stock market is up. employers are hiring, very slowly. the government now tells us that hey -- they hired a lot more last year than previously believed. auto seafls are up 14% from last year. housing sales are coming back. on the other hand the economy took a pause at the end of last year? unemployment is very high, 7.9%. among men between 25 and 54 one out of six is not working. so i think when you cut through all this what do you see? well, the stock market is going like this and the economy is going like this. that can't last. i can't explain the stock market except maybe there was a gigantic sigh of relief. the republicans aren't going to force the u.s. freshry due default and the europeans aren't going to blow themselves up economically. you see an economy that's growing -- slowly. growing is better than not growing. the europeans are trying the not growing t
so as congress agrees to delay a showdown over the debt ceiling and faces a march 1 deadline for across the board spending cuts, what to make of this darned economy, david? >> am i supposed to answer that? it is confusing. the stock market is up. employers are hiring, very slowly. the government now tells us that hey -- they hired a lot more last year than previously believed. auto seafls are up 14% from last year. housing sales are coming back. on the other hand the economy took a pause...
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debt ceiling is you cannot borrow, so you have to balance the budget tomorrow. in addition to that, there was the kind of not very real threat that we might default on the national debt or postpone payments, so you're playing with a combination of a big fiscal contraction and the possibility of triggering a financial crisis also. lori: i want to ask you about your book. after the music stopped, but about the financial crisis, to a dozen 7-8. looking back, said always 2020, what were the best actions taken by the federal government and the worst? >> at think there were three. in net you a tie for first? >> you know how tv works. >> one was tart. very unpopular, but effective and turn a profit for the taxpayer. second was the stimulus that we were just talking about. could have been better. was not a perfect stimulus bill, a pretty good given the political constraints. third, what almost no one ever talks about, the bank stress test. to me the banks stress test and this compared pedestrian 2009 was the equivalent of the fdr bank holiday. once was over people felt
debt ceiling is you cannot borrow, so you have to balance the budget tomorrow. in addition to that, there was the kind of not very real threat that we might default on the national debt or postpone payments, so you're playing with a combination of a big fiscal contraction and the possibility of triggering a financial crisis also. lori: i want to ask you about your book. after the music stopped, but about the financial crisis, to a dozen 7-8. looking back, said always 2020, what were the best...
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Jan 31, 2013
01/13
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>>> moments ago the debt ceiling compromise passed the senate. that's a fiscal crisis temporarily averted. it comes just a day after we learn that gdp, that's the mesh shush of how well our economy is performing, contracted by 0.1%. here is how some of the financial media covered it. quote, the best looking contraction in gdp you will ever see. and, quote, don't freak out about gdp. so what's going on here? less government spending happened. primarily in defense. that overshadowed more spending on the part of consumers and businesses, which is what these reporters were actually looking at. for more we go to jared bernstein a senior fellow on the center of budget and policy priorities and jonathan capehart a political opinion writer for "the washington post." welcome to both of you. >> thanks, karen. >> okay, jared. you know i like to come to you with these kinds of things. say what? it's good but it's bad? explain that one to me. >> well, sure. i mean, i already knew we were growing slowly. in fact, i'd say too slowly. i didn't think the economy
>>> moments ago the debt ceiling compromise passed the senate. that's a fiscal crisis temporarily averted. it comes just a day after we learn that gdp, that's the mesh shush of how well our economy is performing, contracted by 0.1%. here is how some of the financial media covered it. quote, the best looking contraction in gdp you will ever see. and, quote, don't freak out about gdp. so what's going on here? less government spending happened. primarily in defense. that overshadowed more...
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Feb 6, 2013
02/13
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if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and the entire $1.2 trillion will be a 50-50 defense between defense and spending. to put us into perspective is the center for social inclusion. the sequester was designed to be something that would never happen. prot expect would scare washington into coming out with something else. there sounds out of washington, particularly from republicans that they might be okay with nothing happening and sequester being triggered. half is defense and half non-domestic discretionary spending. can you explain to people what would be cut if the sequester goes into effect. >> it's a pleasure to be here.
if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and...
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Feb 5, 2013
02/13
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that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [ laughter ] >> but they are limited by the appropriations process and house and senate under the constitution have the power of the purse. he is not supposed to spend important. having said that, you are right. it's a huge problem. we should not extend the debt limit again. what is coming up, it may be four to six months unless there are legally spending cuts. i proposed that legislation. it got a lot of votes on the floor but it's simple idea. reduction of spending for every dollar increase in debt limit and you get to balanced budget over ten years if you do that. >> greta: breaking news, it's an important topic.
that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [...
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Jan 31, 2013
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let's hope we wet through the debt ceiling crisis, and then you'll see the private sector invest. if there's one thing this president is going to be known for, he is all over the social issues, guns and gay marriage and healthcare but has done nothing to help this economy. and when you look at what jack will you and rob neighbors and gene sprawling did in the summer of 2011, are you shock wed have had this anemic recovery? and we're not in a recovery. near a recession. >> one more quarter and we're in a technical recession as well. one more quarter of negative. let's talk about this for a little bit. so, what we really need is growth to come back into the economy. for me, ronald reagan, margaret thatcher, said let people keep more of their own money and then people invest in their businesses or invest in themselves go out to dinner, a movie. thatthat's economic growth. >> you're absolutely correct. and look, the numbers are clear. if we were growing at three to four, five%, which is not out of the realm of possibility, happened under ronald reagan -- we could grow our way out of t
let's hope we wet through the debt ceiling crisis, and then you'll see the private sector invest. if there's one thing this president is going to be known for, he is all over the social issues, guns and gay marriage and healthcare but has done nothing to help this economy. and when you look at what jack will you and rob neighbors and gene sprawling did in the summer of 2011, are you shock wed have had this anemic recovery? and we're not in a recovery. near a recession. >> one more quarter...
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Feb 1, 2013
02/13
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the debt ceiling fight will resurface in the summer. >>> new polls showing the nra's opposition to reforming certain gun laws isn't registering with the american public. according to polling, more than 90% of voters in three states say they support wider background checks for people buying weapons at gun shows. that includes voters who live in households with a gun. when it comes to the question of armed police in schools, more voters in virginia, new jersey, and pennsylvania support the idea than oppose it. the board of education in new it is town, connecticut, is requesting funding for armed police officers in four elementary schools for the next school year. in chicago, meanwhile, mayor rahm emanuel is moving 200 officers from desk duty to the streets amid the city's most violent months in decades. 42 people have been murdered this year including 15-year-old who was shot dead this week while hanging out with friends in a park. >> when any young person in our city is gunned down without reason, their death makes an impression on all of us. and it demands action from all of us. the loss of
the debt ceiling fight will resurface in the summer. >>> new polls showing the nra's opposition to reforming certain gun laws isn't registering with the american public. according to polling, more than 90% of voters in three states say they support wider background checks for people buying weapons at gun shows. that includes voters who live in households with a gun. when it comes to the question of armed police in schools, more voters in virginia, new jersey, and pennsylvania support...
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Feb 2, 2013
02/13
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ceiling, whether it comes to chuck hagel or immigration reform. what do you think about all of that? >> well, it's funny. i am an old democrat as they say. so i remember the days when the republicans were all united. we democrats would get in a circle and start shooting inward. there was a sense in which everything has changed in the opposite way. you have got a very united democratic party standing toe-to-toe with the president. and you have got republicans bitterly divided so the way you get majorities right now is the democrats pick off republicans and leave the rest of the republicans out in the cold. if i were republican i would not be very happy right now. >> you mentioned the democrats have been through periods like this in the past. then along came bill clinton, for example. he nudged the party toward the center. the democrats started winning some elections. do you think if you take a look at what's going on with republicans from your side of the aisle that maybe something like that is going to be necessary in order for the republican part
ceiling, whether it comes to chuck hagel or immigration reform. what do you think about all of that? >> well, it's funny. i am an old democrat as they say. so i remember the days when the republicans were all united. we democrats would get in a circle and start shooting inward. there was a sense in which everything has changed in the opposite way. you have got a very united democratic party standing toe-to-toe with the president. and you have got republicans bitterly divided so the way...
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Jan 31, 2013
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ceiling the next time, so let's lose here gracefully and then not lose on the debt ceiling where the outcome could be more disastrous for markets if we don't have a debt ceiling increase. if you have a sequester, it's going to be a problem for gdp over the course of the year. it's not going to be an immediate problem, i don't think, for markets if the government says, hey, we're going to cut tens of billions of dollars of spending right away. >> losing gracefully. what a concept. a concept. a concept. cnbc's amman javers. >> i'm great at losing gracefully. >> so am i. >> thank you for your insight and time. >> coming up from immigration to reproductive rights to fiscal krn. tea partiers have undermined the efforts of established republicans. who will win the great republican tug-of-war? we will discuss just ahead. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large pro
ceiling the next time, so let's lose here gracefully and then not lose on the debt ceiling where the outcome could be more disastrous for markets if we don't have a debt ceiling increase. if you have a sequester, it's going to be a problem for gdp over the course of the year. it's not going to be an immediate problem, i don't think, for markets if the government says, hey, we're going to cut tens of billions of dollars of spending right away. >> losing gracefully. what a concept. a...
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. >>> straight ahead, a senate vote on the debt ceiling in 30 minutes. what we expect to happen there and what it means for the larger budget bat until d.c. asional have constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. behind the silver of philadelphia cream cheese. it always begins with fresh, local milk, blended with real wholesome cream. going fresh from the farm, to our fridge, in just six days. because we believe in fresh taste. that's the way we set the standard for intensely rich, luscious flavor. so our story of fresh taste always ends... deliciously. when it comes to taste, philadelphia sets the standard. >>> in the next hour, the senate is expected to vote on and pass the house's debt ceiling deal. a bill that su spends the debt limit for four months and foregoes the threat of default but doesn't end the fiscal threat. sequestration looms large over the capitol. a p
. >>> straight ahead, a senate vote on the debt ceiling in 30 minutes. what we expect to happen there and what it means for the larger budget bat until d.c. asional have constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. behind the silver of philadelphia cream cheese. it always begins with fresh, local milk,...
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. >> and remember that debt ceiling hostage taking? well, today, senate republicans passed the debt ceiling extension. so you're seeing a confident president determined to carry out his second term agenda and it's happening right now. joining me now is nia maliqa henderson and joan walsh. >> joan, two weeks into the second term, what do you think he can get done? >> well, you know, i'm semi-optimistic about immigration reform, reverend al, although i'm starting to have a few more doubts. you know, if democrats were like republicans, they would not help the republy c llicans out and d immigration reform. but the president is trying, chuck schumer has put together this bipartisan group. but the thing that seems like a big sticking point to me is even the supposedly pro-immigration forces are saying enforcement first. and they're ignoring the fact that this president has been all about enforcement. i mean, you know it better than i do. there is some civil rights folks who are entirely happy with some of the deportation policy, border enfo
. >> and remember that debt ceiling hostage taking? well, today, senate republicans passed the debt ceiling extension. so you're seeing a confident president determined to carry out his second term agenda and it's happening right now. joining me now is nia maliqa henderson and joan walsh. >> joan, two weeks into the second term, what do you think he can get done? >> well, you know, i'm semi-optimistic about immigration reform, reverend al, although i'm starting to have a few...
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Feb 1, 2013
02/13
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and certainly, anything that washington does as we saw with the first debt ceiling negotiations, anything that washington does that adds to the uncertainty certainly doesn't help the economy. so i think most people would like to see these people sort of get their act together before the deadline, hopefully. >> well, in fact, senator roy blunt just blamed uncertainty. let me play that. >> uncertainty is probably even a greater problem than contraction. if we knew what the government spending was going to be with some certainty, that would be better than this constant not knowing. we're on the 60-day clock and then on the 90-day clock. we need to get on a four and five-year clock. and that's why a budget and appropriations bills will make a difference, chuck. >> what are the chances, michael, of those things happening? >> well, you know, i think a long-term solution doesn't look very practical right now. and one reason is that members of congress like mr. blunt, republicans, are -- i think that it's more important not to give more ground on taxes than it is to create certainty. so i think e
and certainly, anything that washington does as we saw with the first debt ceiling negotiations, anything that washington does that adds to the uncertainty certainly doesn't help the economy. so i think most people would like to see these people sort of get their act together before the deadline, hopefully. >> well, in fact, senator roy blunt just blamed uncertainty. let me play that. >> uncertainty is probably even a greater problem than contraction. if we knew what the government...
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. >>> this afternoon, the senate decides whether to raise the debt ceiling for the next four months. in the bill, an interesting provision that with holds member's pay if they fail to pass a budget by april 15th. >>> president obama's popularity is on the rise. a "washington post" poll found his favorability rating at 60%. that's a three-year high. 37% had an unfavorable view. >>> david visitor is dismissing a bipartisan proposal on immigration reform. and vitter went after florida senator marco rubio calling him amazingly naive to believe the plan would not amount to amnesty. >>> lamar alexander of tennessee talked to chuck todd on "the daily rundown" about gun control and video games. take a listen. >> i think video games is a bigger problem than guns because video games affect people. but the first amendment limits what we can do about video games. the second amendment to the constitution limits what we can do about guns. >>> senator john mccain appeared at a breakfast in washington where he told a joke about himself and the low approval ratings of his colleagues. >> a guy ran up
. >>> this afternoon, the senate decides whether to raise the debt ceiling for the next four months. in the bill, an interesting provision that with holds member's pay if they fail to pass a budget by april 15th. >>> president obama's popularity is on the rise. a "washington post" poll found his favorability rating at 60%. that's a three-year high. 37% had an unfavorable view. >>> david visitor is dismissing a bipartisan proposal on immigration reform. and...
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ceiling. this measure suspends the government's borrowing limit to may 19th. the national debt will be pushing $17 trillion. in other words, it's really washington's version of kicking the can down the road. the president is expected to sign this bill immediately. >>> now to the economy and the financial markets. stocks fell a bit today with all three major indexes modestly lower. but for the month, the dow was up almost 6%, the best since january in '94. nasdaq gained 4%, s&p just over 6. its best january since '97. what is the market surge trying to tell us when mixed in with some bad news out there, as well? and on the eve of another big jobs report? our report from nbc's tom costello. >> reporter: 25-year-old kory wilson can tell you, it's not easy looking for a job. she has applied for 200 since earning a master's degree in public relations last may. >> being a post graduate, either i'm overqualified or i'm underqualified. >> she is looking for work, but the economy seemingly poised to ei
ceiling. this measure suspends the government's borrowing limit to may 19th. the national debt will be pushing $17 trillion. in other words, it's really washington's version of kicking the can down the road. the president is expected to sign this bill immediately. >>> now to the economy and the financial markets. stocks fell a bit today with all three major indexes modestly lower. but for the month, the dow was up almost 6%, the best since january in '94. nasdaq gained 4%, s&p just...
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today the senate agreed with the house and passed an extension of the debt ceiling, raised the debt ceiling for the future. and i didn't vote for that. there were no cuts included in that bill. the only cut that we have ever come up with is this 1.2 trillion, because the committee, the special select committee couldn't come up with a spending reductions, were now going to have as part as sequestration. i don't really believe in across the board cuts. i think that's irresponsible. but in the absence of cutting spending someplace to replace those 1.2 -- >> got to take it where you get it. >> it's not the only way we're going to get it. >> it's never a good time to cut spending. it's one of the things i've learned. i guess i saw it years ago when i worked down there. but reporting on this thing night after night, one of the things i learned, senator moran, is it's never a good time to cut spending. so march 1st is an interesting deadline. >> i'm not voting to set the sequester aside unless we cut the 1.2 trillion someplace else. >> good luck on that. senator jerry moran of kansas, thank you ve
today the senate agreed with the house and passed an extension of the debt ceiling, raised the debt ceiling for the future. and i didn't vote for that. there were no cuts included in that bill. the only cut that we have ever come up with is this 1.2 trillion, because the committee, the special select committee couldn't come up with a spending reductions, were now going to have as part as sequestration. i don't really believe in across the board cuts. i think that's irresponsible. but in the...
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Jan 30, 2013
01/13
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ceiling -- the last time i checked, 87 americans did not die from the fiscal cliff or the debt ceiling. they are dying from unrestricted access to guns and congress is to blame. >> jennifer: give us some hope. if you have to put your prognosticating hat on, which of the measures are going to get through this congress? will there be an assault weapons ban, background checks and a ban on high-capacity magazines. >> if general mccrystal continues to speak out that these are designed for war and maximum body damage, not for a civilized society, we might get that ban on assault weapons. we should get a universal background check for all gun sales so it's harder for criminals, the mentally ill and terrorist groups that come to u.s. gun shows because they can buy assault weapons without a background check in this country, we should be able to get that. the ban on high-capacity ammunition clips is just common sense. we should get consumer protection standards like we have for toy guns but not real guns and then lindsay graham is so disingenuous -- he has done everything possible to restrict la
ceiling -- the last time i checked, 87 americans did not die from the fiscal cliff or the debt ceiling. they are dying from unrestricted access to guns and congress is to blame. >> jennifer: give us some hope. if you have to put your prognosticating hat on, which of the measures are going to get through this congress? will there be an assault weapons ban, background checks and a ban on high-capacity magazines. >> if general mccrystal continues to speak out that these are designed...
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but let's assume because the debt ceiling doesn't kick in till august, i believe that's what we'll have, but let's add these together. let's say you're right, 30 billion. but let's -- jobs overseas, we can dial that however we want because it's all -- a huge loss of revenue, corporate jets, tehre are all kind of things that are low-hanging fruit. >> you've heard the republicans across the board here. they're saying they're done with revenues for 2013. >> george, the american people are on our side. the american people don't believe in these austere things. we believe that the rich should contribute. we believe we should fill those tax loopholes, get rid of them, i should say, and that's where we need to go. >> but that's a debate that's been had, as you know, for the last couple of months, last couple of years and doesn't appear it will get solved next month so the sequester will hit. >> george, that's what they said two or three days before the fiscal cliff. no revenue. well, we got about $700 billion in revenue. there's still more we can do. >> are you saying that for -- to lift the s
but let's assume because the debt ceiling doesn't kick in till august, i believe that's what we'll have, but let's add these together. let's say you're right, 30 billion. but let's -- jobs overseas, we can dial that however we want because it's all -- a huge loss of revenue, corporate jets, tehre are all kind of things that are low-hanging fruit. >> you've heard the republicans across the board here. they're saying they're done with revenues for 2013. >> george, the american people...
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it's set to vote on a bill that would allow the debt ceiling to keep going up through the middle of may. that would delay the expected shutdown -- rather, showdown between democrats and republicans over spending cuts. the house passed the bill last week. president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel would be the first vietnam vet to lead the pentagon. >>> president obama says he hopes for some form of immigration within six months. in an interview with telemundo, he says the plan must include a path to citizenship for 11 million illegal immigrants already in the country. and he says it's time for congress to act. >> we've been working on this for a long
it's set to vote on a bill that would allow the debt ceiling to keep going up through the middle of may. that would delay the expected shutdown -- rather, showdown between democrats and republicans over spending cuts. the house passed the bill last week. president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's...
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Jan 29, 2013
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once again finds itself locking horns with republicans over the issue of raising the debt ceiling. the amount of money the nation is legally allowed to borrow. >> oh, yeah. when it comes to raising the debt ceiling, the president is having a hard time getting it up. >> brian williams does such a good job slow jamming. that's going to wrap things up for me today. i'm going to see you tomorrow, 11:00 a.m. eastern. joining us richard bloomen thaul and debbie wasserman schultz and david ciciline and mayor greg stanton of phoenix. you should have seen the way it was spelled in my prompter. you should have seen it, alex. you can't. you know? they try to make things easier for me, and then i just mess it up. now with alex wagner coming up next. don't go anywhere. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why s
once again finds itself locking horns with republicans over the issue of raising the debt ceiling. the amount of money the nation is legally allowed to borrow. >> oh, yeah. when it comes to raising the debt ceiling, the president is having a hard time getting it up. >> brian williams does such a good job slow jamming. that's going to wrap things up for me today. i'm going to see you tomorrow, 11:00 a.m. eastern. joining us richard bloomen thaul and debbie wasserman schultz and david...
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the senate will take up a bill to raise the debt ceiling. >> a tornado it is being blamed for a death in georgia. homes were destroyed, cars were tossed. thousands of people are without power in tennessee. three tornadoes touched down. >> now insta-weather plus and traffic pulse 11 together. >> it was a rough night in maryland. we had anywhere from 1-4 inches of rain. temperatures right now or in the 50's. a cold front is going through. following are steady temperatures for the rest of the day. there could be some leftover rain showers. it will be a lot colder this afternoon. seven-day forecast in a few minutes. >> we have a crash northbound on 95 at 32 in howard county. three left lanes are blocked. things are moving fine. we do not see any delays. some flooding from the heavy downpours overnight. york road, we have a closure. eastbound 50, we have a crash that is blocking the right lane. some debris blocking the right lane. 65 on the harrisburg expressway . traffic is moving find in both directions. that is the latest on traffic pulse 11. >> 52 degrees at the airport. >> 11 treat de
the senate will take up a bill to raise the debt ceiling. >> a tornado it is being blamed for a death in georgia. homes were destroyed, cars were tossed. thousands of people are without power in tennessee. three tornadoes touched down. >> now insta-weather plus and traffic pulse 11 together. >> it was a rough night in maryland. we had anywhere from 1-4 inches of rain. temperatures right now or in the 50's. a cold front is going through. following are steady temperatures for...
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and the senate gave final approval to suspending the national debt ceiling into may. online we profile a social entrepreneur who works as matchmaker between international artisans and retailers. kwame holman explains. >> holman: in our agents for chnge riesmeethe woman in argof nt, an organization that helps talented, aspiring craftspeople build successful businesses and connect to consumers. that's on the rundown. should parents worry about kids consuming highly caffeinated energy drinks? health correspondent betty ann bowser asks a psycho- pharmacologist. and on making sense, economist dean baker weighs in on the causes of rising economic inequality in the united states. all that and more is on our website newshour.pbs.org. jeff? >> brown: and that's the "newshour" for tonight. i'm jeffrey brown. >> brown: and i'm judy woodruff. we'll see you line and again here tomorrow evening with mark shields and david brooks among others. thank you and good night. >> major funding for the pbs newshour has been provided by: >> and the william and flora hewlett foundation, workin
and the senate gave final approval to suspending the national debt ceiling into may. online we profile a social entrepreneur who works as matchmaker between international artisans and retailers. kwame holman explains. >> holman: in our agents for chnge riesmeethe woman in argof nt, an organization that helps talented, aspiring craftspeople build successful businesses and connect to consumers. that's on the rundown. should parents worry about kids consuming highly caffeinated energy...
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Feb 1, 2013
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caucus over the fiscal cliff debt ceiling taxing to be a walk in the park on sunday. while on a state level the g.o.p. extremists can't get out of the way from their own radicalism in virginia ken cucinelli or c uch has he is known. he writes, quote creating government dependency is the typical method of operation for big government statists. also to put a cher on on top of the dysfunction, the mississippi legislature has created a new law. an idea as archaic as it is unconstitutional. joining me now is rick unger whose piece we just quoted. thankthank you for being here. >> always a pleasure. >> always a pleasure having you. will it be an effective wedge to break open the g.o.p. they tried it in the 47% class it didn't work but now they're able to split the party. >> i think the democrats will have nothing to do with it. the republicans will do this all on which are own with an exist from the tea party. >> how so? >> this is a perfect setup for what was inevitable, and this is going to be the great shoot out at the o.k. corral. assume that this bill makes it to the s
caucus over the fiscal cliff debt ceiling taxing to be a walk in the park on sunday. while on a state level the g.o.p. extremists can't get out of the way from their own radicalism in virginia ken cucinelli or c uch has he is known. he writes, quote creating government dependency is the typical method of operation for big government statists. also to put a cher on on top of the dysfunction, the mississippi legislature has created a new law. an idea as archaic as it is unconstitutional. joining...
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ceiling so that's not going to restrain us any more they're going to cancel all the spending cuts i'm afraid they're going to use the weaker fourth quarter g.d.p. as justification for cancelling the spending cuts and so the government going to keep on spending the fed is going to keep on printing the monetize the growing deficit and we're marching towards a real economic crisis the united states where the dollar is going to plunge and that's going to send prices and interest rates in america soaring there i want to ask you i want to point out this other justification that the white house is using the white house also blames superstorm sandy for shrinking the economy natural disasters as we now also are disastrous for the economy and also out of the government's hands. well look the government's going to blame everybody but themselves why doesn't the obama administration take a look in the mirror if they want to know why the economy is struggling and believe me it's going to get a lot worse because we still have all this money that we borrowed that we have to deal with always did durin
ceiling so that's not going to restrain us any more they're going to cancel all the spending cuts i'm afraid they're going to use the weaker fourth quarter g.d.p. as justification for cancelling the spending cuts and so the government going to keep on spending the fed is going to keep on printing the monetize the growing deficit and we're marching towards a real economic crisis the united states where the dollar is going to plunge and that's going to send prices and interest rates in america...
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Jan 31, 2013
01/13
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and the senate gave final approval to suspending the national debt ceiling into may. online we profile a social entrepreneur who works as matchmaker between international artisans and retailers. kwame holman explains. >> holman: in our agents for change series, meet the woman in charge of nest, an organization that helps talented, aspiring craftspeople build successful businesses and connect to consumers. that's on the rundown. should parents worry about kids consuming highly caffeinated energy drinks? health correspondent betty ann bowser asks a psycho- pharmacologist. and on making sense, economist dean baker weighs in on the causes of rising economic inequality in the united states. all that and more is on our website newshour.pbs.org. jeff? >> brown: and that's the "newshour" for tonight. i'm jeffrey brown. >> brown: and i'm judy woodruff. we'll see you online and again here tomorrow evening with mark shields and david brooks among others. thank you and good night. >> major funding for the pbs newshour has been provided by: >> and the william and flora hewlett fou
and the senate gave final approval to suspending the national debt ceiling into may. online we profile a social entrepreneur who works as matchmaker between international artisans and retailers. kwame holman explains. >> holman: in our agents for change series, meet the woman in charge of nest, an organization that helps talented, aspiring craftspeople build successful businesses and connect to consumers. that's on the rundown. should parents worry about kids consuming highly caffeinated...